Chief Executive Officer · JBG SMITH Properties (JBGS)

W. Matthew Kelly

A named executive officer of JBG SMITH Properties in every fiscal year CompBrief holds from FY2017 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2025

$5,521,861

FY2024: $9,179,792

1st of 5 named executive officers at JBG Smith Properties by FY2025 total.

5 named officers on file for JBG SMITH Properties, FY2025

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What this number hides

The filing gives the total. JBG SMITH Properties’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed March 18, 2026 (DEF 14A).

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W. Matthew Kelly compensation by year

JBG SMITH Properties Summary Compensation Table · all 9 fiscal years held
In US dollars, as JBG SMITH Properties reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Salary$343,151$750,000$750,000$750,000$750,000$750,000$750,000$750,000$750,000
Bonus$750,000$750,000$937,500$637,500$1,125,000$1,125,000$1,125,000$922,500$1,260,000
Stock awards$3,157,759$9,816,682$3,197,899$5,999,965$14,215,815$5,999,994$5,999,983$7,495,575$3,499,994
Option awards$1,763,226$0$0$0—$0$0$0$0
Non-equity incentive$0$0$0$0—$0$0$0$0
Pension and deferred compensation$0$0$0$0—$0$0$0$0
All other$3,375$8,250$8,400$8,550$8,700$9,150$9,900$11,717$11,867
Total$6,017,511$11,324,932$4,893,799$7,396,015$16,099,515$7,884,144$7,884,883$9,179,792$5,521,861

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: JBG SMITH Properties DEF 14A filed March 18, 2026, accession 0001104659-26-030932, and prior-year filings.

How this page was built: the JBG SMITH Properties filed document, accession 0001104659-26-030932. Every figure is read from that document and cited to the page and table it appears in. Filed March 18, 2026.

$6.0M
$11.3M
$4.9M
$7.4M
$16.1M
$7.9M
$7.9M
$9.2M
$5.5M
FY17
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
SalaryBonusStock awardsOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
RSU218,238$3,712,228—
RSU163,347$2,778,532—
RSU128,000$2,177,280—
PSU113,341$1,927,930—
RSU84,696$1,440,679—
PSU31,500$535,815—
RSU27,412$466,278—
PSU26,352$448,248—
Option260,223—$16.98
Option923,482—$18.93
Option643,431—$20.83
Option270,270—$32.30

Per the Outstanding Equity Awards at Fiscal Year-End table in JBG SMITH Properties's FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Change-in-control & termination

estimated payments JBG SMITH Properties discloses, by trigger · FY2025
TriggerCash severanceAccelerated equityBenefits continuationTotal as disclosed
Involuntary termination without cause$1,500,000$13,585,717$34,639—
Death$0$13,585,717$0—
Change in control and involuntary termination$4,500,000$18,742,809$46,186—
Change in control, no termination$0$0$0—

Per the Potential Payments Upon Termination or Change in Control table in JBG SMITH Properties's FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.

JBG SMITH Properties’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
W. Matthew Kelly · this pageChief Executive Officer$5,521,861
M. Moina BanerjeeChief Financial Officer$2,273,358
George L. XandersChief Investment Officer$2,151,865
Steven A. MuselesChief Legal Officer$1,681,356
Evan Regan-LevineChief Strategy Officer$1,458,846

Board service

JBG SMITH Properties board · FY2024–FY2025

How this board is paid

Company policy: JBG SMITH Properties pays directors a $100,000 cash retainer and $100,000 in Equity Award. As stated in JBG SMITH Properties's FY2025 proxy.

The full JBG SMITH Properties compensation record

free company brief

This page is one person within JBG SMITH Properties's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order JBG SMITH Properties's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are JBG SMITH Properties's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

W. Matthew Kelly's compensation dossier